30-10-2014 22:52:00 | by: Administrator | hits: 19287046 | Tags:

[South Africa] Meerkat selected in Catalyst Fund’s latest cohort of fintech startups
24-01-2020 | 12:30:00
South Africa’s fintech startup Meerkat have been selected to participate in Catalyst Funds latest cohort to launch their innovative low-cost savings product to the South African market.
ROAM Africa and Interview Mocha collaborate to transform how African organizations recruit talent
24-01-2020 | 09:41:00
Ringier One Africa Media, ROAM Africa and Interview Mocha have signed a partnership agreement to transform the way African organizations recruit talent.
[Egypt] Moneygram partners with Suez Canal Bank on cross border money transfer service
24-01-2020 | 07:38:16
MoneyGram International has partnered with Suez Canal Bank to allow MoneyGram customers from around the world send money directly to the bank accounts of friends and family members in Egypt.
Improving digital access offers investors opportunity to achieve SDGs in Africa, Standard Chartered
23-01-2020 | 13:49:00
Opportunity2030: The Standard Chartered SDG Investment Map reveals a $197 billion opportunity for private-sector investors in five high-growth markets in Africa.
PwC recognizes MTN for tax transparency
23-01-2020 | 11:34:00
PwC has released its findings from a review of the voluntary tax reporting for the financial year ending 31 December 2018, of the top 100 companies listed on the JSE.
[Kenya] TMEA, Mombasa County Government inject $2.7m funding for road construction
23-01-2020 | 07:32:00
TradeMark East Africa (TMEA) and the Mombasa County Government inked a US$2.7 million financing deal towards construction of the Mbaraki-Nyerere Road.
Airtel Africa enters money transfer partnership with Western Union
23-01-2020 | 06:01:00
Airtel Africa and Western Union have launched a remittance service to allow customers to send and receive international money transfers from their phones using the Airtel Africa mobile money wallet in India and Africa.
Namibia ratifies to the TFTA Agreement, more countries expected to follow suit
22-01-2020 | 13:49:00
The Republic of Namibia has become the eighth country to ratify the Tripartite Free Trade Area (TFTA) Agreement moving the region closer to having a fully operational Agreement this year.
Zambia, Zimbabwe on a joint industrialization programme plan
22-01-2020 | 13:30:00
The Governments of Zambia and Zimbabwe with support from the COMESA Secretariat are planning a joint industrialization programme which will build on the experiences and lessons learned from the existing joint ventures.
Djibouti Telecom, Somtel, Telkom Kenya and SubCom begin installation of DARE1 submarine cable
22-01-2020 | 11:03:00
Djibouti Telecom, Somtel, Telkom Kenya and SubCom have announced the landing of the Djibouti Africa Regional Express 1 (DARE1) submarine cable system at La Siesta Beach – Djibouti.
Nigeria partners with IBM on digital skills training for youth
22-01-2020 | 09:42:00
The Nigerian Government has signed an MOU with International Business Machines (IBM) West Africa, for partnership and collaboration in the area of Digital Skills Development in Nigeria.
Routes and AFRAA sign agreement to help drive growth for Africa aviation market
22-01-2020 | 09:39:00
The African Airlines Association (AFRAA) and Routes have signed their first formal agreement in history.
CMC Networks and Neutrona Networks to provide cloud network services in Africa, Middle East and Latin America
22-01-2020 | 07:32:46
CMC Networks and Neutrona Networks, have reached an exclusive agreement to bring the benefits of additional scale and capabilities for customers doing business in Africa, the Middle East, and Latin America.
ZTE and MTN start 5G network trial in Uganda
21-01-2020 | 13:35:00
ZTE and MTN Uganda have jointly launched the first 5G SA network in Uganda and the first in East Africa.
Ghana launches NPA's digital product tracking command centre
21-01-2020 | 11:26:00
The Vice President of Ghana launched a digital Command and Control Centre for Bulk Road Vehicle and an Electronic Cargo Tracking System to be run by the National Petroleum Authority (NPA).
Migrant returnees turn to mobile money in Sudan
21-01-2020 | 11:05:00
MTN has partnered with the International Organization for Migration (IOM) – enabling returning migrants to use its mobile money service MoMo to re-establish their livelihoods in the country.
UK exports boost infrastructure projects in Africa
21-01-2020 | 09:45:00
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
President Kenyatta launches Kenya’s first green bond at London Stock Exchange
21-01-2020 | 06:20:00
Kenya’s President Uhuru Kenyatta has rang the bell to kick off the trading of Kenya’s first green bond at the London Stock Exchange (LSE).
[Kenya] Safaricom and Ria Money Transfer to power international money transfers with M-PESA
21-01-2020 | 06:08:00
Safaricom has partnered with Ria Money Transfer to empower more than 26 million M-PESA customers to conveniently receive international money transfers from over 20 countries across the world.
Securiport signs deal with the Central African Republic for provision of Civil Aviation and Immigration Security Services
20-01-2020 | 13:44:00
Securiport has announced that a contract has been signed with the Central African Republic for the provision of Securiport’s proprietary Civil Aviation & Immigration Security Services (CAISS).
Global Road Safety Facility and Total Foundation to assist African nations improve road safety data
20-01-2020 | 13:40:00
Total Foundation has joined the Global Road Safety Facility (GRSF) as its newest donor partner.
Ericsson and Microsoft team up for the next generation of connected cars
20-01-2020 | 11:40:00
Ericsson and Microsoft are bringing their connected vehicle expertise together.
[Egypt] Mastercard partners with Levi Strauss & Co to digitize wages of 10,000 garment factory workers
20-01-2020 | 09:35:00
Mastercard has announced a global effort to pay garment factory workers digitally, a pivot from traditional cash payroll, to ensure they receive their hard-earned wages securely and consistently.
Nokia and Angola Cables trial first direct optical connection between USA and Africa
20-01-2020 | 08:00:00
Nokia has announced that Angola Cables is trialing Nokia’s Photonic Service Engine 3 (PSE-3) chipset for the first direct optical connection between the USA and Africa.
[Rwanda] Afreximbank signs term sheet for $190m facility to Made in Africa
20-01-2020 | 05:54:00
The African Export-Import Bank has signed a term sheet with Made In Africa Inc. to provide the company with a $190-million facility to finance the acquisition of African Fabric Holdings BV, Netherlands, also known as Vlisco Group.
Tunisia to launch SMS disaster alert system as part of GSMA We Care initiative
17-01-2020 | 11:25:27
The Government of Tunisia is collaborating with the country’s mobile operators to develop an SMS-based early warning system to alert citizens at risk of major natural disasters.
BroadReach Consulting appoints Chris LeGrand as Global Group CEO
17-01-2020 | 11:22:00
BroadReach Consulting has announced that Chris LeGrand will take up the position of Global Group CEO as of 1 February 2020.
UK aid boosts support for African women entrepreneurs to expand businesses into global markets
17-01-2020 | 11:07:53
The UK is boosting support to female entrepreneurs in Africa, helping them overcome barriers to starting businesses and connecting them to global markets, announces the International Development Secretary Alok Sharma.
Africa instrumental in driving success of global bitcoin marketplace, Paxful
17-01-2020 | 06:47:02
Paxful, a global peer-to-peer bitcoin marketplace, has announced its official 2019 growth metrics.
Standard Bank sponsors multilateral UK-Africa Investment Summit
17-01-2020 | 06:13:00
Standard Bank, Africa’s largest banking group by assets, is partnering with the UK Government to sponsor the inaugural UK-Africa Investment Summit, to be held in London on 20 January 2020.
Carl Raymond R. Cruz appointed MD, Unilever Nigeria
16-01-2020 | 11:04:00
The Board of Directors of Unilever Nigeria has appointed Mr Carl Raymond R. Cruz to the Board as the Managing Director, effective 1 February, 2020.
KfW launches Africa CIRR export financing programme
16-01-2020 | 09:17:51
KfW, on behalf of the Federal Ministry for Economic Affairs and Energy (BMWi), has launched the Africa CIRR export financing programme, which aims to strengthen economic cooperation with Africa.
Online bus ticketing system QuickBus launches operations in Kenya
16-01-2020 | 07:52:08
Online Bus ticketing system, QuickBus has entered the Kenyan market.
Itron collaborates with Equinix in EMEA to strengthen software-as-a-service platform
15-01-2020 | 13:28:25
Itron, Inc. has has expanded its collaboration with Equinix, a global interconnection and data center company, and opened a multi-million-dollar data center in Europe.
[Column] Peter Salovey: Looking to Africa’s future: The promise of transnational ties
14-01-2020 | 10:43:34
Nearly seven years ago, when I became president of Yale University, five of the top twelve-and eleven of the top twenty-of the world’s fastest growing economies were in Africa.
[South Africa] Liquid Telecom inks sales software deal with Qorus
14-01-2020 | 10:36:00
Liquid Telecom South Africa has partnered with Qorus, a sales and marketing enablement platform, to enable cloud channel partners to locate, create, collaborate and track sales content.
Retailers look to hybrid cloud as they search for flexibility
14-01-2020 | 10:32:00
Nutanix has announced the retail industry findings of its second Enterprise Cloud Index Report, measuring retailers’ plans for adopting private, hybrid and public clouds.
Netskope extends its NewEdge infrastructure in South Africa
13-01-2020 | 09:18:05
Netskope, a player in cloud security, has announced the opening of a dedicated data centre in Johannesburg, South Africa.
UNCTAD, CSEA partner to advance African economic research
13-01-2020 | 09:13:43
African economic research has received a leg up from UNCTAD after it signed a new agreement to collaborate with the Nigeria-based Centre for the Study of the Economies of Africa (CSEA).
Andersen Global enters Tunisia market
13-01-2020 | 09:07:00
Further expanding its footprint in Africa, Andersen Global announced it has signed a Collaboration Agreement with Tunisia-based tax firm Jelil Bouraoui & Associates.
Africa sokoni partners with Nigeria’s Bolorims to bolster e-commerce business
13-01-2020 | 08:00:00
Africa Sokoni has entered into a partnership with Nigeria’s e-commerce platform Bolorims.com as they celebrate their second anniversary.
Standard Chartered unveils portal for real-time tracking of cross-border payments
10-01-2020 | 14:17:00
Standard Chartered has announced the launch of SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments.
Nigeria’s Imo State allocates land to Afreximbank for quality assurance center
10-01-2020 | 09:49:00
The African Export-Import Bank (Afreximbank) has received the certificate of occupancy for a five-hectare plot of land granted to it by the government of Imo State of Nigeria
[Kenya] KCB picks Actifio to provide data backup and application development support
09-01-2020 | 06:21:00
Actifio, the pioneer of multi-cloud copy data management software, has been chosen to provide comprehensive data backup and application development support for KCB Group.
Africa will have 47 million Pay TV subscribers by 2025, report
09-01-2020 | 06:16:00
Africa will have 47.26 million pay TV subscribers by 2025, up from 30.7 million at end-2019 according to the recent report by Research and Markets.
Gaming segment helps spur strong growth in Middle East and Africa PC monitor shipments, IDC
08-01-2020 | 07:05:31
The Middle East and Africa (MEA) PC monitors market saw year-on-year growth of 7.2 per cent in units and 3.2 per cent in value during the third quarter of 2019, according to the latest insights from International Data Corporation.
RwandAir enters ticket purchasing agreement with Optiontown
07-01-2020 | 07:33:57
RwandAir customers could now save from their ticket purchases due to a new partnership with Optiontown.
Egyptian Govt approves Uber's acquisition of Careem for $3.1b
06-01-2020 | 14:28:49
The Egyptian government has approved of Uber’s move to acquire Dubai-based ride-share company Careem for $3.1 billion.
Ghanaian Govt seeks $3b from diaspora community for development projects
06-01-2020 | 14:18:22
The Ghanaian government wants to raise $3 billion from its diaspora to finance development projects in agriculture, infrastructure, and tourism, the Finance Minister Ken Ofori-Atta announced last week.
[Nigeria] NNPC posts over ₦13b trading surplus in October
06-01-2020 | 13:53:48
The Nigerian National Petroleum Corporation has announced a trading surplus of ₦13.23billion in October 2019, representing an increase of 54 percent vis-à-vis the ₦8.59billion surplus posted in September last year.
Vivo, OPPO and Xiaomi target consumers with new wireless file transfer system
06-01-2020 | 08:47:01
Smartphone giant Vivo has partnered with OPPO and Xiaomi to bring an innovative new wireless file transfer system to consumers around the world.
Policy to help African women benefit from cross-border trade endorsed
02-01-2020 | 08:10:24
African borders are often porous with a significant volume of informal trade being done outside formal crossings.
ECOWAS records 3.3% growth in 2019, investments hit $20b
30-12-2019 | 07:35:00
Despite security challenges experienced by the Economic Community of West African States, growth within the region hit 3.3% while investments from development agencies like the African Development Bank rose to $20 billion.
Sparkle grows African footprint with new point of presence in Nigeria
24-12-2019 | 10:32:49
Sparkle, the first international service provider in Italy and among the top ten global operators, has announced the expansion of its African backbone with a new Point of Presence (PoP) in Lagos, Nigeria.
[Senegal] Expresso and Prepay Nation launch digital channel for airtime and data distribution
24-12-2019 | 08:54:00
Telecommunication company Expresso has announced the launch of an online portal which will enable the Expresso subscribers in Senegal to buy and add the airtime and data bundles to their prepaid account digitally.
SAP partners with GIZ to train 25 skilled digital talents to support Ethiopia’s 4IR ambitions
24-12-2019 | 06:25:00
Twenty-five newly-trained young digital professionals have graduated from the first-ever SAP Young Professional Program held in Ethiopia in partnership with GIZ.
Economic diversity shields African economies amid slowing global GDP growth, report
24-12-2019 | 06:23:00
As the global recession gathers strength, most African economies are relatively unaffected owing to the strength of economic diversity in some regions.
[Algeria] Arab Petroleum Investments Corporation provides $250m loan facility to Sonatrach Petroleum
23-12-2019 | 08:27:00
The Arab Petroleum Investments Corporation has agreed to two loan facilities worth a combined USD 250 million with Sonatrach Petroleum Investment Corporation, the Algerian state-owned national oil company.
[Nigeria] NNPC records 52% increase in crude oil & gas export sale in September
23-12-2019 | 08:19:16
The Nigerian National Petroleum Corporation has announced crude oil and gas export sale of $355.93million in September 2019, indicating a significant increase of 52.84 per cent.
[South Africa] G-Core Labs launches point of presence in Johannesburg
23-12-2019 | 07:57:00
Cloud service provider G-Core Labs has opened a new point of presence for its network infrastructure in Johannesburg, South Africa.
A “Meeting of Minds” report identifies five main challenges facing African banks
23-12-2019 | 07:51:31
In October 2019, during the tenth Africa Forward Together (AFT) forum in Mauritius a special workshop called “Meeting of Minds” session leveraged the insight of over 35 C-level and senior banking leaders across the African region and beyond.
AM Best affirms credit ratings of Kenya Reinsurance Corporation Limited
20-12-2019 | 12:05:00
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Kenya Reinsurance Corporation Limited (Kenya Re) (Kenya). The outlook of these Credit Ratings (ratings) is stable.
Kenyan startup Alternative Circle recognized among the world’s top fintechs
20-12-2019 | 08:21:00
Kenyan start-up Alternative Circle has been recognized as one of the top fintechs in a first ever survey on the emerging industry, globally.
Glovo raises additional $166 million for investment
20-12-2019 | 08:07:34
On-demand Technology delivery firm Glovo has announced a Sh16.7 billion, approximately $166 million, in Series E funding.
Opera Mini and Mdundo partner to provide free downloadable music in nine African countries
20-12-2019 | 04:21:00
Opera and Mdundo, a leading African music sharing platform, have announced that Opera Mini users can now, for free, listen to and download their favourite songs from the most recognized artists in nine African countries.
dLocal expands digital payment platform into Nigeria and South Africa
19-12-2019 | 13:00:00
dLocal, a fintech company that specializes in cross-border payments for emerging markets, has expanded its payments network to include Nigeria and South Africa.
Nigeria’s fintech startup Carbon expands into Kenya
19-12-2019 | 09:32:00
Carbon, Nigeria’s digital financial services company, has launched in Kenya.
AfriLabs targets African techpreneurs with Capacity Building Programme
19-12-2019 | 07:35:00
AfriLabs, the pan-African network of tech and innovation hubs, has launched the AfriLabs Capacity Building Programme
Investors look to possible opportunities in USD/ZAR pairing in 2020
17-12-2019 | 08:06:00
The USD/ZAR pairing (signifying the number of South African Rand needed to comprise one U.S. dollar) is not counted among the "major" pairs in forex trading. However, this doe no't mean that it hasn't garnered a lot of attention over the years.
Airtel Malawi announces plans to list on the stock market
13-12-2019 | 08:48:00
Telecommunications and mobile services provider Airtel Africa has announced the intention to undertake an initial public offering of its local business, Airtel Malawi plc.
Development institutions present digital guide to help African countries fast-track SDGs
13-12-2019 | 06:04:00
Three development partners have presented a digital application at the COP 25 climate conference in Madrid to help African countries grappling with the simultaneous implementation of key global initiatives.
ONOMO hotels acquires 60 per cent stake in BON Hotels
12-12-2019 | 12:07:00
With the announcement of the acquisition of BON Hotels by ONOMO Hotels, the hospitality industry on the African continent is set for a major shake-up. ONOMO Hotels has acquired a 60, 1% controlling stake in BON Hotels.
Afreximbank’s Cameroon office to serve as gateway into Central Africa
12-12-2019 | 09:20:00
The new branch office being opened by the African Export-Import Bank (Afreximbank) in Yaounde will serve as the Bank’s gateway to the Central African region.
Facebook celebrates key milestones for sub Saharan Africa in 2019
12-12-2019 | 09:17:35
Facebook has released its ‘2019 Year in Review’ infographic, showcasing just some of its investments across Sub-Saharan in 2019.
Visa and MFS Africa partner to boost digital payments among Africa consumers and businesses
12-12-2019 | 06:42:40
Visa and the pan-African fintech leader MFS Africa have announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa.
Afreximbank identifying projects to support Cameroon’s economy transformation
12-12-2019 | 06:25:00
The African Export-Import Bank (Afreximbank) is in the process of identifying projects in the key sectors of Cameroon to assist the country to achieve a rapid transformation of the economy through trade.
Vodafone Egypt named best place to work for in Egypt in 2019
11-12-2019 | 13:05:00
Vodafone Egypt, part of the British multinational telecommunications conglomerate, has topped the list of the best places to work in Egypt for 2019.
Pioneer Consulting and MainOne complete branch link on submarine cable network connecting West Africa and Europe
11-12-2019 | 11:00:00
MainOne has announced the achievement of Provisional Acceptance for its latest submarine fiber optic cable network which links Senegal and Côte d'Ivoire to the trunk.
International Organization for Migration Nigeria partners with Google to train returnees in digital skills
11-12-2019 | 08:35:00
The International Organization for Migration (IOM) has been partnering with Google Nigeria to conduct IOM’s first Digital Skills Training for returnees and potential migrants in Benin City, Edo State and Ikeja, Lagos State.
Cars45 expands to Ghana and Kenya
11-12-2019 | 06:15:00
Cars45, Nigeria's automotive trading platform, has launched into Ghana and Kenya.
PAYFORT partners with DHL Express to expand payment solutions in North Africa
11-12-2019 | 06:02:00
Amazon company, PAYFORT has partnered with DHL Express to allow DHL express customers across the North Africa complete shipment payments online in their local currencies via debit and credit cards.
USTDA advances petrochemicals development in Egypt
10-12-2019 | 12:36:00
The U.S. Trade and Development Agency awarded a feasibility study grant to the Egyptian Petrochemicals Holding Company (Echem), for what will be Egypt’s first polyoxymethylene (POM) plant.
[Egypt] GCR grants rating upgrade to Afreximbank
10-12-2019 | 09:15:00
Global Credit Rating (GCR) has announced an upgrade of the African Export-Import Bank’s (Afreximbank) long-term international scale rating from BBB+ to A-.
EU deepens Ethiopia cooperation with €170m package
10-12-2019 | 09:01:00
On the occasion of her first official visit outside Europe, the new President of the European Commission, Ursula von der Leyen, announced in Addis Ababa, a significant boost to the EU's cooperation with Ethiopia.
EU steps up economic partnership to boost job creation in Kenya
10-12-2019 | 08:45:00
The European Commission (EU) announced two new programmes totalling €31 million to boost investment and create jobs in Kenya.
Africa and Middle East annual spending on tech to reach $149 billion by 2023, IDC
10-12-2019 | 08:22:00
Consumer spending on technology in the Middle East and Africa (MEA) is forecast to total $130.8 billion this year, a year-on-year increase of 4.1%.
Top Employers Institute announces the coveted group of Africa’s top employers 2020
10-12-2019 | 08:20:00
Top Employers Institute, a global organization dedicated to accelerating the impact of people strategies to enrich the world of work, has announced Africa’s Top Employers for 2020.
Fashionomics Africa launches digital marketplace to connect fashion entrepreneurs to global markets
10-12-2019 | 06:27:00
The African Development Bank's flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa's fashion designers, textile and accessories professionals connect with global markets.
African smartphone market defies challenges in global economy to post growth, IDC
10-12-2019 | 06:20:00
New research from International Data Corporations shows that the African smartphone market saw shipments increase 4.0% quarter on quarter in Q3 2019 to total 22.6 million units.
Potential supply chain issues and how to handle them
09-12-2019 | 10:30:00
It’s almost a science to get the supply chain operating just right as business owners need to factor in everything from shipping (import and exports), the manufacturing process, inventory, materials, logistics, and more.
All On and The Rockefeller Foundation launch hub to support off-grid entrepreneurs in Nigeria
09-12-2019 | 08:30:00
The Rockefeller Foundation and All On, a Nigerian off-grid energy impact investment company funded by Shell, have announced the launch of the All On Hub,
Zensar partners with Education Africa to support students of Business Management
09-12-2019 | 06:12:00
Zensar has partnered with Education Africa in its education and skills development program for underprivileged local students.
Tech drives Kenya’s haulage industry
06-12-2019 | 11:45:00
Numerous changes continue to shape Kenya’s haulage industry as industry players seek to streamline the process of transporting goods across the continent.
Djibouti Telecom, Somtel, Telkom Kenya and SubCom complete manufacture of DARE1 submarine cable
06-12-2019 | 09:10:00
Djibouti Telecom, Somtel, Telkom Kenya and SubCom have announced that all manufacturing aspects for the Djibouti Africa Regional Express 1 (DARE1) submarine cable system are complete.
Worldwide spending on augmented and virtual reality to reach $18.8 billion in 2020, IDC
06-12-2019 | 06:12:00
Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to be $18.8 billion in 2020, an increase of 78.5% over the $10.5 billion International Data Corporation (IDC) expects will be spent in 2019.
[South Africa] Dti set to launch specialised industrial facility in Gauteng
05-12-2019 | 13:36:00
The Department of Trade and Industry (the dti), will launch the Specialised Industrial Facility (SIF) at the Ekurhuleni East Technical Vocational Education and Training (TVET) College, in Springs, Gauteng on Friday, 6 December 2019.
[Zambia] COMESA provides IT equipment to boost cross border trade data collection
05-12-2019 | 06:04:00
COMESA has provided $13,000 worth of assorted state of the art Information Technology (IT) equipment to the Zambia Statistics Agency (ZAMSTATS) to support data collection for small scale cross border traders.
Young digital entrepreneurs leading Africa into a new era, UNCTAD
04-12-2019 | 11:30:00
Game-changing entrepreneurs in the digital and technology space are turning problems into business opportunities, creating jobs and improving lives.
Eritrea becomes Africa Finance Corporation’s 24th member state
04-12-2019 | 09:13:15
Africa Finance Corporation has announced the accession of Eritrea as its 24th member state. This decision was ratified by His Excellency, Isaias Afwerki, President of Eritrea.
[Zambia] COMESA, EU sign €8.8 million to support private sector competitiveness
04-12-2019 | 09:05:00
The European Union and COMESA signed 8.8 million Euros Contribution Agreement to increase private sector participation in sustainable regional and global value chains.